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Aug
5th

GERMANY: Record Q2 sales give BMW big profits and margins

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Despite record vehicle sales in the second quarter of 2014, adverse exhange rates held back a rise in BMW Group revenues to just 1.8% (EUR19,905m). But EBIT rose 26% to EUR2,603m and net profit climbed 27.2% to EUR1,771m. Unit sales were up 5.3% to 533,187.
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